Overview
What is The Salvation Army Portland Residences Inc?
The Salvation Army Portland Residences Inc is a nonprofit organization situated in Rancho Palos Verdes, California, specifically at 30840 Hawthorne Blvd, ZIP code 90275. Their primary mission is to provide subsidized housing to low-income elderly or handicapped individuals, serving as a vital resource within the community. Operating with a workforce of three dedicated employees, this nonprofit apartment complex aims to improve the living conditions and overall quality of life for its residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating.
The Salvation Army Portland Residences Inc has achieved a high rating of 94%, reflecting strong performance in accountability and finance. The charity's score is derived solely from its Accountability & Finance beacon, where it excels with a perfect score in several metrics, including financial audits and board independence. The organization operates with a fully independent board and demonstrates a robust commitment to maintaining transparent and ethical financial practices.
Key strengths of the organization include a high program expense ratio of 94.83%, indicating that a significant portion of its resources is directed toward its charitable programs. Furthermore, the absence of any material diversion of assets and the implementation of policies to uphold integrity, such as conflict of interest and whistleblower policies, underscore its commitment to responsible management.
While the overall rating is commendable, the focus solely on financial metrics does mean that other aspects of the organization, such as program effectiveness or community impact, are not assessed in this score. Nonetheless, the strong financial health and governance practices highlighted in the rating suggest that The Salvation Army Portland Residences Inc is a reliable nonprofit serving its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is The Salvation Army Portland Residences Inc legitimate?
The Salvation Army Portland Residences Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Salvation Army Portland Residences Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
What is the mission statement of The Salvation Army Portland Residences Inc?
The Salvation Army Portland Residences Inc is a non-profit organization that operates an apartment complex, providing subsidized housing for low-income elderly or handicapped individuals. Their primary mission is to offer a supportive living environment, ensuring these vulnerable individuals have access to affordable housing. The organization's activities are centered around providing a home where these individuals can live with dignity and independence. Through this housing program, they aim to improve their residents' quality of life and contribute to their overall well-being.
Who is the CEO of The Salvation Army Portland Residences Inc?
Douglas Riley is the President of The Salvation Army Portland Residences Inc.
What is the revenue of The Salvation Army Portland Residences Inc?
The Salvation Army Portland Residences Inc's revenue in 2021 was $539,017.
Who are the executives of The Salvation Army Portland Residences Inc and what are their salaries?
Where can I find the form 990 for The Salvation Army Portland Residences Inc?
The Salvation Army Portland Residences Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of The Salvation Army Portland Residences Inc
The Salvation Army Portland Residences Inc is a dedicated non-profit organization that offers subsidized housing to low-income elderly or handicapped individuals. Their mission is to provide a secure living environment for these individuals, ensuring they have access to affordable housing that caters to their specific needs. The organization operates as a residential complex, offering a supportive and inclusive community for its residents. By offering subsidized housing, The Salvation Army Portland Residences Inc enables vulnerable individuals to maintain their independence and dignity, providing them with a stable foundation from which to build a better future. The organization's commitment to this cause is reflected in its provision of housing to those who might otherwise struggle to find suitable accommodation, thereby improving their overall quality of life.
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Impact
July, 2024
The Salvation Army Portland Residences Inc provides essential subsidized housing to low-income elderly or handicapped individuals in Rancho Palos Verdes, California. By offering affordable housing options, this nonprofit organization plays a crucial role in supporting vulnerable populations and ensuring they have a safe and stable place to call home. Their impact goes beyond mere shelter provision, as they contribute to enhancing the quality of life and well-being of those they serve. Through their mission, The Salvation Army Portland Residences Inc positively impacts the lives of individuals who may be facing economic challenges or health issues, ultimately fostering a more inclusive and supportive community.
This information is meant to be a general summary of The Salvation Army Portland Residences Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Investment Income: $150
- Program Service Revenue: $262,149
- Gross Receipts: $539,017
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$262,149
Organization Details
Founding Year
1990
Principal Officer
Douglas Riley
Main Address
30840 HAWTHORNE BLVD, RANCHO PALOS VERDES, CA, 90275
NTEE Category
Code: Z99Z - Unknown
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